Is it this simple? Probably not, but it is interesting. When the Santa Claus Rally takes place, the year is up 10.5% on avg and higher 73.2%. When there is no SCR? Only 5.0% and 67%. “If Santa should fail to call, bears may come to Broad and Wall.” —Yale Hirsh @AlmanacTrader pic.twitter.com/kHEWSW2UZb — Ryan […]
Chart of the Day – Thursday, December 23rd, 2021
I was promised an Omicron catastrophe pic.twitter.com/ttbu9SKKUz — ???????? ????? (@pineconemacro) December 23, 2021 Today’s Chart of the Day was shared by Pinecone Macro (@pineconemacro), It’s a daily candlestick chart of S&P 500 futures over the past three months. Christmas came early for the bulls this year, with the S&P 500 closing at an all-time […]
Chart of the Day – Monday, December 20th, 2021
Post-election years really have to wait for the official Santa Claus Rally period for a bullish turn. $SPY via @EquityClock pic.twitter.com/QY655nCTos — Mike Zaccardi, CFA, CMT (@MikeZaccardi) December 20, 2021 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). December is widely known as one of the strongest months for stocks. However, we have […]
Chart of the Day – Wednesday, December 23rd, 2020
The #SantaClausRally starts tomorrow (final 5 days of the year and first two of the following year). Going back to 2000, it is pretty clear if these usually bullish 7 days are higher, it bodes well for January and the full year. If Santa fails to call? Trouble could be coming. pic.twitter.com/k5gUlb7yfy — Ryan […]